Chandra Dhakal Reelected President


Oct. 23, 2011, 5:45 p.m. Published in Magazine Issue: Vol. : 05 No.- 08 Oct. 21- 2011 (Kartik 04,2068)<br>

Chandra Prasad Dhakal is reelected as the chairman of Global Bank. Meetings of Board of Directors of Global Bank choose him as new chairman. Chandra Prasad Dhakal, Sandip Agrawal, Suraj Kumar Shrestha and Surendranath Panta elected as a board director unopposed by the fifth General Assembly of Bank, which was concluded on Tuesday.

The General Assembly also endorsed the proposal of Bank’s board of directors to distribute 12.02 percentage profits to share holders. According to the bank, the profit will be distributed as 6.67 percent bonus and 5.35 percent cash.

The bank is serving more than 100,000 its customers through its 30 branches. During the period, the bank collected 16.32 billion rupees deposit and invested 13.44 billion rupees as a loan.

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